Accounting Standards

Australia and New Zealand are heading towards a common set of accounting standards. From a modelling and analysis point of view this is great news as it improves consistency and comparability when looking at numbers from companies on either side of the Tasman. More details at NetProphet

Read the full article →

Negative Stock

Quote below from an accounting system vendor re its position on negative stock in a perpetual inventory scenario When using an inventory system it can’t operate on negative inventory because it would send Asset: Stock account into a negative balance which the accounting profession doesn’t like. Accordingly some people don’t run inventory as Assets (they [...]

Read the full article →

Saasu Bank Feeds

Turns out Saasu’s imminent release of automated bank feeds (a-la-Xero) is not such a big secret – it is on their quoted pipeline! Doh – Saasu Pipeline – anyway, will be a big step forward in day to day usability and a great time saver. No doubt there will be some initial kinks to work [...]

Read the full article →

Buying or Selling a Business?

This is not a particular area of focus for us but I thought this was such a great article I should share it. The sort of commentary that might make or save you a fortune, just by either being a better prepared vendor or by better testing your potential target. Traps when selling a business

Read the full article →

MYOB LiveAccounts

Still coming – can’t be far away now! Much heralded, MYOB LiveAccounts seems likely to offer a cut down version of Xero’s functionality. Will be interesting to see how well it lines up dollar for dollar. May be a matter of targeting a specific niche – perhaps FX will be left out as this adds [...]

Read the full article →

Australian Standard Business Reporting

Interesting article on where business reporting is going in Australia – no doubt NZ will get there before too long as well. Hopefully represents a great opportunity for NZ businesses to save some admin time associated with their interactions with government departments. The site gives an introduction to XBRL – this has been popping up [...]

Read the full article →

Saasu on the iPad

Do I really need to run my accounting system on an iPad? Perhaps not but this is still cool (in an accounting type way)   Saasu are doing heaps of cool things at the moment – several really important upgrades coming down the pipeline – can’t say too much but I think you will be [...]

Read the full article →

Xero and GST rate increase

Xero are all over the October increase in NZ GST rate – as you would expect! As you also might expect, Xero regard this change as a good reason for people to move over to Xero from PC based systems like MYOB who they feel may have difficulty getting the necessary software changes made, delivered [...]

Read the full article →

Winpenny

We have a sister business called Winpenny, also based in Christchurch. Winpenny specialises in Digital Content Development and Delivery. Great content is a crucial component of online business success. Winpenny can help you create first rate content, optimised for your site and keywords and help you deliver it effectively. Check out their site at www.winpenny.co.nz

Read the full article →

Microsoft BizSpark

Microsoft really seems to be taking a good look at their business development programmes and has recently come up with some focussed extensions to the original Bizspark programme. Bizspark remains focussed on helping early stage, technology based startups obtain access to the right software (ie Microsoft!) and support – which is great. In addition there [...]

Read the full article →

How to turn your company into Apple

Great article about an article! Fast Company/SMH Apple’s share price is certainly having a great run – they had been down down down but have had a series of big wins in recent years pushing the share price to all time highs recently. How have they achieved this in a brutally competitive market? This article [...]

Read the full article →

← Previous Entries

Next Entries →